Saturday, March 2nd, 2013
Fat City, D.C. As Radio Derb goes to tape here at midnight on Thursday, it looks as though sequestration will happen, and the federal government will be obliged to cut spending. This is wonderful news.
...
The Republican national and congressional leadership has in fact been striving to avoid the sequester; partly because they know they'll take the blame for the pain Obama will manufacture, and partly because they are pols who instinctively hate the thought of spending cuts the way vampires hate garlic. Fortunately there are just enough Republican representatives with backbone to prevent the leadership doing what comes most naturally to them — throwing down their rifles and raising their hands in the air.
And as many commentators have pointed out, the cuts amount to very little: a tad more than two cents on the dollar. The administration's going to have to work really hard to make that hurt, though I'm sure they'll manage it.
Two cents on the dollar. As delightful as it is to see the government cut by any amount, it makes you hungry for more. Why not twenty percent? Why not eighty? Much of what the federal govermment does is harmful, and most of the rest is just pointless.
Here's an item from NBC News, February 27, quote:
Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget than you expected, according to a new study that finds median-income families in only one major U.S. city actually can afford the typical new vehicle.
Would you like to guess which city that is, listener? The one city in the U.S.A. so prosperous that a median-income family can afford to buy a new car? The one city? Can you guess?
Washington, D.C. and the counties around it are bloated with wealth ...
-please go to the link for the full podcast-
No comments:
Post a Comment